Welltower Inc. (NYSE:WELL) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 46.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,209 shares of the real estate investment trust's stock after acquiring an additional 1,661 shares during the quarter. Farther Finance Advisors LLC's holdings in Welltower were worth $803,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geller Advisors LLC raised its stake in shares of Welltower by 3.7% in the fourth quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock worth $241,000 after purchasing an additional 69 shares during the last quarter. Sivia Capital Partners LLC raised its position in Welltower by 4.3% during the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock worth $273,000 after buying an additional 73 shares during the last quarter. Woodmont Investment Counsel LLC raised its position in Welltower by 3.8% during the 4th quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust's stock worth $279,000 after buying an additional 81 shares during the last quarter. Versant Capital Management Inc lifted its stake in Welltower by 27.0% during the 1st quarter. Versant Capital Management Inc now owns 381 shares of the real estate investment trust's stock valued at $58,000 after acquiring an additional 81 shares during the period. Finally, Wealthspire Advisors LLC boosted its holdings in shares of Welltower by 2.5% in the 4th quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust's stock valued at $435,000 after acquiring an additional 83 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Welltower from $158.00 to $175.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. Wall Street Zen cut Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Wedbush reissued an "underperform" rating on shares of Welltower in a report on Thursday, April 17th. Mizuho raised their price objective on shares of Welltower from $141.00 to $170.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Finally, Royal Bank Of Canada raised shares of Welltower from a "sector perform" rating to an "outperform" rating and lifted their target price for the company from $146.00 to $168.00 in a report on Friday, February 28th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Welltower presently has an average rating of "Moderate Buy" and a consensus target price of $163.25.

Welltower Price Performance

Welltower stock traded up $1.24 during midday trading on Tuesday, reaching $151.82. The company had a trading volume of 4,055,635 shares, compared to its average volume of 2,936,428. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.23 and a quick ratio of 4.23. Welltower Inc. has a 12-month low of $100.13 and a 12-month high of $158.55. The company has a market capitalization of $99.28 billion, a P/E ratio of 87.25, a P/E/G ratio of 1.75 and a beta of 0.94. The firm's fifty day simple moving average is $149.15 and its 200-day simple moving average is $142.49.

Welltower (NYSE:WELL - Get Free Report) last announced its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.05. The business had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $2.40 billion. Welltower had a return on equity of 3.41% and a net margin of 12.65%. The business's revenue was up 30.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 earnings per share. As a group, equities analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 14th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Wednesday, May 14th. Welltower's payout ratio is 154.02%.

About Welltower

Welltower Inc NYSE: WELL, a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.